Received: 2017-01-10  |  Accepted: 2017-03-20

Title

Workers' buyout: the Italian experience, 1986-2016


Abstract

Workers’ buyout (WBOs) are emerging during the present economic crisis as an alternative tool to maintain employment and production. In Italy, in the last thirty years, 258 cases have been recorded. What are their general characteristics? Why do WBOs develop and who are the main sponsors and financing tools? The present analysis aims at defining the phenomenon and the enabling environment. Moreover, primary sources collected from different actors will explain how WBOs have developed and thrived across Italy saving jobs and productive capacity.


Keywords

cooperatives, cooperative movement, worker cooperatives, employee participation, collective ownership


JEL classifications

J54 , J80 , J83 , P13


URI

http://jssidoi.org/jesi/article/123


DOI

10.9770/jesi.2017.4.4(10)


Pages

526-539


Funding


This is an open access issue and all published articles are licensed under a
Creative Commons Attribution 4.0 International License

Authors

Monni, Salvatore
Roma Tre University, Rome, Italy http://www.uniroma3.it
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Novelli, Giulia
Roma Tre University, Rome, Italy http://www.uniroma3.it
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Pera, Laura
Roma Tre University, Rome, Italy http://www.uniroma3.it
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Realini, Alessio
Roma Tre University, Rome, Italy http://www.uniroma3.it
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Journal title

Entrepreneurship and Sustainability Issues

Volume

4


Number

4


Issue date

June 2017


Issue DOI

10.9770/jesi.2017.4.4


ISSN

ISSN 2345-0282 (online)


Publisher

VšĮ Entrepreneurship and Sustainability Center, Vilnius, Lithuania

Cited

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References